All of the following are parts of the internal control characteristic referred to as separation of duties except separation of:
A)external auditors from accounting.
B)duties within the accounting function.
C)the custody of assets from accounting for those assets.
D)operations from accounting.

Question

Quizplus · Accepted Answer

Separation of external auditors from accounting is not a part of the internal control characteristic referred to as separation of duties. Separation of duties typically involves dividing responsibilities within an organization to prevent fraud and errors, not the separation of external auditors from the accounting function. External auditors are independent of the organization and their role is to audit the financial statements, not to be involved in the internal control processes directly.

All of the Following Are Parts of the Internal Control